Maximizing Investor Returns: Ingredion Unleashes Growth Potential with Strong Performance
By the close of today, July 25, 2023, Ingredion (NYSE:INGR) will issue a dividend payout of $0.71 per share, resulting in an annualized dividend yield of 2.55%. Only those investors who owned the stock prior to the ex-dividend date on June 30, 2023 will receive this payout.
Ingredion Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-30 | 4 | $0.71 | 2.55% | 2023-05-19 | 2023-07-03 | 2023-07-25 |
| 2023-03-31 | 4 | $0.71 | 2.92% | 2023-03-15 | 2023-04-03 | 2023-04-25 |
| 2022-12-29 | 4 | $0.71 | 2.89% | 2022-12-16 | 2023-01-02 | 2023-01-24 |
| 2022-10-05 | 4 | $0.71 | 3.55% | 2022-09-26 | 2022-10-06 | 2022-10-25 |
| 2022-06-30 | 4 | $0.65 | 2.82% | 2022-05-20 | 2022-07-01 | 2022-07-26 |
| 2022-03-31 | 4 | $0.65 | 3.14% | 2022-03-16 | 2022-04-01 | 2022-04-26 |
| 2021-12-31 | 4 | $0.65 | 2.7% | 2021-12-10 | 2022-01-03 | 2022-01-24 |
| 2021-10-01 | 4 | $0.65 | 2.98% | 2021-09-22 | 2021-10-04 | 2021-10-25 |
| 2021-06-30 | 4 | $0.64 | 2.64% | 2021-05-19 | 2021-07-01 | 2021-07-26 |
| 2021-03-31 | 4 | $0.64 | 2.77% | 2021-03-16 | 2021-04-01 | 2021-04-26 |
| 2020-12-31 | 4 | $0.64 | 3.16% | 2020-12-11 | 2021-01-04 | 2021-01-28 |
| 2020-09-30 | 4 | $0.64 | 3.16% | 2020-09-16 | 2020-10-01 | 2020-10-26 |
When comparing Ingredion's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Brasilagro - Cia Bras (NYSE:LND) having the highest annualized dividend yield at 18.54%.
Analyzing Ingredion Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $2.51 to $2.72. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Ingredion
Investors can observe a growth in earnings for Ingredion from 2019 to 2022, as earnings per share increased from $6.63 to $6.89. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we explore the recent dividend payout of Ingredion and its significance for shareholders. The company has decided to distribute a dividend of $0.71 per share today, which equates to an annualized dividend yield of 2.55%.
When comparing Ingredion's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Brasilagro - Cia Bras having the highest annualized dividend yield at 18.54%.
Given that Ingredion has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.